Skip to main content
Enter search terms below…

Member News

First New York to Treat School Banker Just Like a Millionaire on December 5th



December 4, 2017 (Albany, NY) – On Tuesday, December 5, 2017, Olive Stimac, a fourth grade student at Montessori Magnet Elementary School in the Albany City School District, will be treated just like a Millionaire for a Day by First New York Federal Credit Union.

First New York Federal Credit Union has been teaching thousands of area students for years to save their money through its KID$ (Keep Investing Dollars Savings) Program. To celebrate the students’ success, the credit union randomly selected a school banker to be treated like a millionaire. As the Millionaire for a Day, Olive Stimac and her classmates will be treated to a pizza party. In addition, Olive and five of her friends will be picked up from Montessori Magnet Elementary School by limousine, courtesy of Advantage Transit Group, and driven to First New York Federal Credit Union’s Albany branch at 818 Central Ave, Albany, NY. There they will meet credit union President/CEO, Lucy Halstead and Michelle Maneri from our Albany branch, receive a personal tour of the credit union, be treated to ice cream, then be driven home by limousine at the end of the day.

Olive, like many other students at Montessori Magnet Elementary School, makes deposits each week from money she has earned by doing chores, receiving allowance and birthday money.

“It is important that young children learn that making deposits every week and saving their money will enable them to purchase what they need, and later what they want,” commented Carol Valenza, V.P. of Marketing for First New York Federal Credit Union. “This is one of life’s most important skills to understand and have, and when young children are actively involved in saving money they will grow to become better money managers as adults,” stated Valenza.

First New York Federal Credit Union was founded in 1937 as Schenectady Teachers Federal Credit Union and operates six full-service branches throughout the greater Capital Region. The credit union offers traditional financial products found at many financial institutions including checking and savings accounts, credit and debit cards, share certificates and money market accounts, auto and personal loans, mortgages and home equity loans and commercial deposit and loan accounts. First New York Federal Credit Union also operates three in-school branches run by trained student tellers at Mohonasen, Schenectady, and Scotia-Glenville High Schools.

BST & Co. CPAs, LLP, one of the Capital Region’s leading financial and management consulting firms, announced a series of promotions within its audit and accounting department. Jeremy DeBarr, Mike Evans and Brandon Smith have each been named senior associate within the department. “We are pleased to announce these advancements at BST,” said…
Pioneer Bank announced that they will be hosting a free career fair, Hiring Our Heroes: Veterans Career Fair, on Wednesday, September 19, from 9:00 am – 2:00 pm at their headquarters at 652 Albany Shaker Road, Albany. This special community job fair is tailored to Veterans, active members of the military and their families and it will provide a…
The Albany Academies are pleased to announce the appointment of Christopher J. Lauricella as the new Head of School effective July 1, 2018. Chris has been an independent school educator since 1994 and comes to the Academies from The Park School in Buffalo where he served as Head of School for ten years. His professional experience spans both…
Aug
20
Join us as for a ribbon cutting celebration of SaraBella's newest location! SaraBella Pizza is family owned and operated. We have been serving the capital…
10 a.m.
Aug
21
Learn must-have skills that every leader and manager need in order to become more strategic in today's world. Every leader and manager has to successfully…
11:30 a.m. Check-in & Luncheon; 12-1 p.m. Training
Aug
23
Join us as for a ribbon cutting celebration of Flowers By Pesha's new downtown Troy location! Flowers by Pesha is a full-service floral shop owned by…
4:00 p.m.